Examine accounting practices through a project simulation related to a merchandising business.

Indicators for this outcome
(a) Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.
(b) Perform the financial responsibilities necessary to implement a chosen accounting system.
(c) Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?
(d) Review the accounting cycle for a merchandising business.
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